Financial Results

Apple has just announced their Q1 2014 financial results and here are the numbers: 51 million iPhones, 26 million iPads, and 4.8 million Macs sold. Revenue for the quarter was $57.6 billion and net profit $13.1 billion.

Apple has just announced their Q3 2013 financial results and the highlights include 31.2 million iPhone, 14.6 million iPads, 3.8 million Macs. That's on revenue of $35.3 billion and with a net profit of $6.9 billion. In the release, Apple's CEO, Tim Cook said:

Apple today announced their financial results for the second quarter of fiscal year 2013 (the months of January, February, and March). Apple brought in $9.5 billion in profit off of $43.6 billion in revenue. In previous years Apple offered conservative guidance on revenue and profits, though recently they made the switched to publishing a range into which they realistically expect the fiscal results to fall. And Apple's results easily fell within that range.

Verizon just posted their first quarter 2013 financial results, and during the conference call their chief financial officer announced that 4 million iPhones had been sold in the quarter, 2 million of which were iPhone 5. That's a pretty significant number, considering Verizon activated 7.2 million devices the whole quarter, making iPhone accountable for over 55%. CEO Lowell McAdam commented on Verizon's progress this quarter:

Verizon has announced their financial results for Q4, 2012, and out of 9.8 million smartphones sold, 6.2 million of them were iPhones. That's over 63%. They also announced that their 4G LTE network now reached 273 million people in 476 U.S. markets.

Apple has posted their Q4 2012 financial results, which includes revenue of $36 billion and profit of 8.2 billion. In terms of devices sold, they reported 26.9 million iPhones, 14 million iPods, 5.3 million iPods, and 4.9 million Macs.

AT&T has released their third quarter 2012 results, and out of 6.1 million smartphones sold, 4.7 million of those were iPhones, and 18% of those were for customers new to the network. That's especially interesting given that the iPhone 5 only launched at the tail end of the quarter.

Verizon has reported that Q3 2012 results, including over 3.1 million iPhones sold, over a fifth of which were Apple's latest generation iPhone 5. That compares to 3.4 million Android phones. That's an interesting mix given the iPhone 5 launched less than a month ago, and iPhone sales in general were greatly reduced prior to that.

Verizon has reported their Q2 2012 financial results, and the iPhone accounted for 2.7 million, or roughly 45% of the 5.9 million smartphones Verizon sold. Operating revenues were $28.6 billion, up 3.7% year over year, and wireless service revenues were $15.8 billion, up 7.3% year over year. Verizon chairman and CEO Lowell McAdam said: